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The key factor distinguishing retailers from other members of the supply chain is that.

Airida [17]

The key factor distinguishing retailers from other members of the supply chain is that they sell to customers for their personal use.

<h3>What do you mean by customers?</h3>

A client is someone who purchases goods, services, products, or ideas from a seller, vendor, or supplier in exchange for money or another useful consideration.
This definition applies to sales, business, and economics.
Customers who frequently purchase from a business establish conventions that enable regular, sustained trade, which enables the business to create statistical models to improve production procedures (which alter the nature or form of goods or services) and supply chains (which changes the location or formalizes the changes of ownership or entitlement transactions).

<h3>What types of customers are there?</h3>

5 different consumer types

New customers.
Impulsive buyers.
Angry customers.
Persistent customers.
Loyal customers.

Learn more about customers here:

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3 0

1 year ago

How does the payment of rent for equipment affect the accounting equation? assets increase; assets decrease assets decrease; sto

djverab [1.8K]

The answer to this question is <span>assets decrease; stockholders' equity decreases

The journal for this transaction would be

Debit: Rent expense xxxxx
Credit: Cash xxxx

Since cash is considered an asset, it will decrease asset if it placed on credit.
Since expense will reduce net income that will be allocated to stockholders' equity, it will reduce stockholders' equity when placed on debit </span>

6 0

3 years ago

Read 2 more answers

Axcel software began a new development project in 2020. the project reached technological feasibility on june 30, 2021, and was

Neporo4naja [7]

The amortization of the software development costs for the year 2022 would be $5,60,000.

<h3>What is Amortization?</h3>

Amortization is the process of repaying a debt in equal amounts over time. A portion of each payment is applied to the loan principal, while the remainder is applied to interest.

When a mortgage loan is amortized, the amount paid toward principal begins small and steadily increases month after month.

<u>Computation</u>:

According to the given information,

The revenues of 2022 from the sale of new software(Sales Revenue)= $4,000,000.

Anticipated Additional Revenues = $6,000,000

Then, the total revenue is :

$\text{Total Sales} = \text{Sales Revenue + AAR}\\\\\text{Total Sales} = \$4,000,000+ \$6,000,000\\\\\text{Total Sales} = \$10,000,000$

Then, the percentage of Total Revenue would be:

$\text{Percentage of Total Revenue} = \dfrac{\text{Sales Revenue}}{\text{Tota Revenue}}\\\\\text{Percentage of Total Revenue} = \dfrac{\$4,000,000}{\$10,000,000}\\\\\text{Percentage of Total Revenue} = 40\%$

Then, the Cost incurred from June to the date of product release =

Therefore, the amortization of the software development costs for the year 2022:

$=\text{Cost incurred to product release} \times \text{percentage of Total Revenue}\\\\=\$1,400,000 \times 40\% \\\\=\$5,60,000$

Learn more about the Amortization, refer to:

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5 0

2 years ago

g When a monopolistically competitive industry is in long-run equilibrium: Multiple Choice price equals marginal cost. firms ear

kozerog [31]

Answer:

price equals minimum average total cost

Explanation:

As we know that in the short run, the firms earns the economic profit but in the long run when a new firm is entered into the indusry and there is a market share so the demand of the market is to be shared by each firm due to which the demand would be less

So this represents that price is equivalent to the average total cost

Hence, the last option is correct

8 0

3 years ago

A competitive firm sells its output for $50 per unit. Assume that labor is the only input that varies for the firm. The marginal

noname [10]

Answer:

the value of the marginal product of labor is $500

Explanation:

The computation of the value of the marginal product of labor is shown below:

= MRP × price per unit

= 10 units × $50 per unit

= $500

hence, the value of the marginal product of labor is $500

We simply applied the above formula

5 0

3 years ago